Bitcoin (BTC) Price Prediction: Bullish RSI Divergence Signals Potential Rebound Toward $65.5K
Bitcoin is showing early signs of a possible short-term recovery after several sessions of consolidation around $63,000.
Strategy CEO Phong Le expects regulatory action, expanding bank participation, and digital financial products to bring more activity to subdued bitcoin markets, while political and economic developments could add further momentum during the fall.
ARK's scenario now requires 78.6% annual growth, with institutional allocation and digital gold supplying 92.8% of modeled value.
August 16, 2026, 8:20 pmBitcoin developer Peter Todd’s proposal to give miners a permanent stream of new bitcoin has triggered a fresh backlash from users who see the 21 million supply limit as the asset’s most important promise. The fuse was lit when Bitcoin++ posted Todd’s July 23 Toronto talk, “Tail Emissions and Demurrage,” on Aug. 14.
August 16, 2026, 7:53 pmBitcoin is showing early signs of a possible short-term recovery after several sessions of consolidation around $63,000.
The 7,500-BTC holder’s filing separates a noncash crypto loss from equity sales that supported its operating runway.
The proposal remains pending, while ETHU's sponsor-reported -96.15% average annualized NAV figure through June 30 shows the stakes.
World Gold Council CEO David Tait says bitcoin is headed for zero because the supposed hedge keeps showing up as high-beta risk when markets turn ugly. Tait made the call in a Consensus Miami interview with David Lin, posted on Youtube later that month, and has recently gone viral on social media.
Small positive offshore funding exposes longs on a drop, while CME leveraged funds’ net short creates an upside squeeze channel.
Bitcoin’s historical bottom signals are emerging, but current market conditions remain different.
The state reserve is separately tied to IBIT, while the filing names neither the owning portfolio nor a reliable dollar value.
Financial firms are partnering with specialists to build infrastructure, blurring lines between traditional and decentralized finance into a unified sector.
Is Saylor's claim that Bitcoin is a store of value called into question given its current volatility?